Delay sought on Sears credit event auction to free up deliverables

By Dan Alderson

Monday, January 14, 2019

The Americas Credit Derivatives Determinations Committee will meet today to consider whether or not to delay a forthcoming auction to settle Sears Roebuck Acceptance Corp credit default swaps, after a market participant requested more time to allow a wider pool of deliverable obligations to become available

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TAGS: CDS High yield bonds Distressed debt Credit derivatives North America

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